Hochschild Mining Share Discussion Threads

[levinson1] 23/10/2024 08:34

IMO £3 soon

[levinson1] 23/10/2024 08:33

IMO HOC will be £3 soon

[arja] 23/10/2024 08:21

i Sometimes kick myself for taking a profit too soon Qs99 but I do use the BHR policy at times :) . have not followed copper price lately and must check the chart for ANTO . Quite a lot of gold producers on aussie market with great looking charts - spoilt for choice :)

[qs99] 23/10/2024 08:11

Well g'day down under mate! have loved my travels over there.

A profit is a profit mate. I just have a different view on PoG and some of these miners, same with copper. So holding on and top slicing every now and again, although after today's RNS I have topped up my HOC materially....DYOR

[putinaire] 23/10/2024 08:06

Anyone adding or an adjustment down?

[arja] 23/10/2024 08:01

thanks Q599 although my timing was out late yesterday :) . I think you are right looking at the lovely uptrending chart hope it hits your target in time . Another reason I trade aussie and Uk Stocks is because I have not enough time to monitor them closely and Sunny weather here in W.A means it is good to have outdoor activities :) . too dam hot though from about end of November for a few months !

[qs99] 23/10/2024 07:45

well done you

I'm holding on as I can't see anything on the horizon that will make PoG take a major step back (kiss of death probably!), and so HOC should be in a perfect sweet spot for a while to come to make some serious Hay IMO/DYOR.

Valuation will begin to just look really really odd IMO, with dividends in 2025, I'm holding for way North of £3 next year.

DYOR!

[petebreeze37] 23/10/2024 07:43

Arja, Perth sounds nice, lots of humidity. Im living in Spain near Alicante where it's also humid in summer but very little rain.
What platform do you use for trading.

[arja] 23/10/2024 07:38

Some bounce today and must have just been PT yesterday . have exited at just under 250 having bought on tuesday at 236.5 and watched it fall near the close . Good luck to those holding stock ans with silver not yet retreating HOC should clear 250 soon and Stay above it .

[putinaire] 23/10/2024 07:24

Yiu will know their numbers without working them out re above

[putinaire] 23/10/2024 07:23

Institutions have different nunbers but they vary according to inhouse formulas

[qs99] 23/10/2024 07:19

So with all this production coming on stream, Net Debt EBITDA was quoted as 0.6 and falling, so EV is around 1.7bn for a company IMO/DYOR that should do way North of $500m EBITDA on that basis, with yield about to re-start.....likely really that 2025 EBITDA should be much higher than that....DYOR and what have I missed please?

DYOR
Cheers
QS99

[putinaire] 23/10/2024 07:18

Best mark to know full market on the release. Looks a good release anyway. See if satisfies

[putinaire] 23/10/2024 07:15

Domt want ro see another 250 sell off. Must be 260s

[nilla159] 23/10/2024 07:13

Great set of results.A brighter future for all and debt free by end 2025.Whats not to like.
When the market digests these results and the increase in potential, Hochschild offer
outstanding performance .

[putinaire] 23/10/2024 07:12

Back to the work zone. Need others now to consolidate 260s at it whilst wait the rest

[stevea171] 23/10/2024 07:12

Mara Rosa production now at 100k+ oz rate. Taking August and Sept together we have 17k oz or 102k oz annual run rate which is better than I expected.

The Mara Rosa mine reached commercial production in mid-May and throughout the third quarter steadily increased output. Approximately 6,700 ounces of gold was produced in July, 8,000 ounces in August and September's output was just over 9,000 ounces with the plant consistently operating at full capacity. Overall production in the quarter was 23,752 ounces.

Drilling.
Fantastic drill results here with up to 53 me at 1 gm beneath the main pit.

In the third quarter at Mara Rosa, 3,011m of resource drilling was executed below the existing Posse pit. Drilling will continue into Q4.

Vein

Results (potential)

Posse

24POSP_005: 53.0m @ 1.0g/t Au

24POSP_008: 1.0m @ 0.3g/t Au

24POSP_011: 32.9m @ 1.0g/t Au

24POSP_012: 12.0m @ 1.1g/t Au

24POSP_013: 17.9m @ 1.0g/t Au

24POSP_014: 39.0m @ 1.0g/t Au

24POSP_015: 28.1m @ 1.0g/t Au

24POSP_017: 9.5m @ 0.9g/t Au

[qs99] 23/10/2024 07:07

Net debt to EBITDA ratio quoted also suggests some v material EBITDA Imo as well!! DYOR

[arja] 23/10/2024 06:59

petebreeze37,
I do not follow the fundamentals and hoc news much as am mainly a trader using charts . Silver price only down a touch since UK close on tuesday and hopefully HOC will resume it's uptrend soon :) . I now live in OZ in Perth !

[stevea171] 23/10/2024 06:57

Very strong Q3 report, especially production from Inmaculada and Mara Rosa.

Financial position
Total cash was approximately $85 million as at 30 September 2024 resulting in net debt of approximately $227 million versus $271 million at the end of the second quarter. The reduction was due to strong cashflow generation in the period resulting in the repayment of $45 million of debt.

So debt will likely be cleared by end 2025 as previously expected.

[knocknock] 23/10/2024 06:30

Edit: Higher not lower grades

[knocknock] 23/10/2024 06:21

16% increase in productionLower gradesDebt reduced In line with expectationsLths will be happy with that and Brazil news. T traders I'm not too sure

[knocknock] 23/10/2024 06:12

https://tools.eurolandir.com/tools/Pressreleases/GetPressRelease/?ID=6497275&lang=en-GB&companycode=uk-hoc&v=ticker-mobile

[putinaire] 23/10/2024 06:08

I'm sure that hardware has been going in already